Portillo’s price target raised to $14 from $13 at Stephens

Stephens raised the firm’s price target on Portillo’s (PTLO) to $14 from $13 and keeps an Equal Weight rating on the shares. Portillo’s reaffirmed FY25 guidance, which translates to top-line growth modestly below the long-term algorithm due to a more difficult macro backdrop, the analyst notes following earnings.